The Vietnamese Ministry of Transport has requested that airlines improve their punctuality after more than 5,600 flights were delayed in June. Vietnamese airlines operated 30,808 flights between May 19 and June 18, a jump of 528.7 percent and 18 percent compared to the same period in 2021 and last month, respectively, according to statistics of the Civil Aviation Authority of Vietnam (CAAV). During this period, the overall punctuality of the entire industry was 81.8 percent, with only 25,206 flights taking off on time, down 15.9 percentage points and 9.4 percentage percentage points compared to the same period last year and in May, respectively. As many as 5,602 flights were delayed, about 18.2 percent, an increase of 15.9 percentage points and 9.4 percentage points year on year and from last month’s figure, respectively. Airlines canceled 65 flights, or 0.2 percent of the total flight number, up 4.8 percentage points, over the same period last year, but down 0.1 percentage … [Read more...] about Vietnam transport ministry requires rectification following thousands of flight delays
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NA Chairman attends Vietnam-UK high-level forum on economy, trade
An overview of the forum (Photo: VNA) Hanoi (VNA) – National Assembly Chairman Vuong Dinh Hue attended the Vietnam-UK high-level forum on economy and trade in London on June 29 (local time), as part of the leader’s ongoing visit to the UK. Aiming to seek stronger economic, trade and investment partnership between the two countries, the event drew Vietnamese Deputy Prime Minister Le Van Thanh, Britain Secretary of State for International Trade Anne Marie Trevelyan, and MP Graham Stuart, UK Prime Minister's Trade Envoy to Vietnam, and a large number of Vietnamese and Britain businesses. Addressing the event, Deputy PM Thanh highlighted important progress in the Vietnam-UK Strategic Partnership , as well as great chances for both sides to bolster their ties from the UK-Vietnam Free Trade Agreement ( UKVFTA ). He underlined that both sides should optimise advantages from the deal by encouraging the promotion of the two-way trade and investment, and creating favourable … [Read more...] about NA Chairman attends Vietnam-UK high-level forum on economy, trade
Vietnam, UK seek closer relations
Vietnam remains supportive and would serve as the bridge for the UK to expand its partnership with ASEAN, calling for the UK parliament to support ASEAN’s central role in the region, as well as Vietnam’s stance on regional security issues. Vietnam and the UK are seeking closer relations at a time when the bilateral strategic partnership has been at its best with strong progress in all spheres. Chairman of Vietnam National Assembly Vuong Dinh Hue and Speaker of the House of Commons of the UK Lindsay Hoyle. Source: VNA The view was shared during a meeting between Chairman of Vietnam National Assembly Vuong Dinh Hue and Speaker of the House of Commons of the UK Lindsay Hoyle in London today [June 29]. According to Hue, trade and investment cooperation between the two countries has benefited from the UK-Vietnam Free Trade Agreement (UKVFTA) that took effect in early 2021. Hue expected both sides to continue taking advantage of the deal to boost bilateral trade … [Read more...] about Vietnam, UK seek closer relations
UK multinationals pledge long-term presence in Vietnam
Vietnam expects to create the utmost favorable environment for foreign companies to be successful in the country. Chairman of the National Assembly Vuong Dinh Hue on June 29 held several meetings with executives of UK multinationals, including Prudential, Standard Chartered, Pacific Land, Pearson, and Enterprize Energy. All executives have expressed their good impression and pledged to commit long-term presence in Vietnam. NA Chairman Vuong Dinh Hue and President of Prudential Shriti Vadera. Source: VNA President of Prudential Shriti Vadera said the company's business performance was positive during the Covid-19 pandemic, expressing her delight to be part of Vietnam’s development. Vadera suggested Prudential could further contribute to the country’s economic growth by taking part in the long bond issuance. Chairman Hue welcomed Prudential’s successes in Vietnam, saying insurance corporations remain key partners of the State in Government bond issuance. … [Read more...] about UK multinationals pledge long-term presence in Vietnam
Vietnam proposes Japan help in law-making capacity building
Prime Minister Pham Minh Chinh (right) and Japanese Minister of Justice Furukawa Yoshihisa. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh asked Japan for further helping Vietnam improve capacity in law-making and develop a pool of skilled legal and judicial experts during his meeting with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 30. The PM also proposed Japan support Vietnam in accelerating digital transformation in justice and capacity building in defending international legal cases, particularly in the fields of politics, trade and economy. He affirmed that the Government of Vietnam is providing all enabling conditions to strengthen legal and judicial cooperation between the two ministries of justice, which plays a part in stepping up the Vietnam – Japan extensive strategic partnership. Describing Japan as Vietnam’s long-term, trusted and leading partner which shares many common strategic benefits with Vietnam, PM Chinh … [Read more...] about Vietnam proposes Japan help in law-making capacity building
Vietnam eyes stronger cooperation with Japan in crime combat
Nhập mô tả cho ảnhMinister of Public Security To Lam meets with Japan ese Minister of Justice Furukawa Yoshihisa in Hanoi on June 30. (Photo: VNA) Hanoi (VNA) – Minister of Public Security To Lam wishes Vietnam and Japan will step up negotiations and sign agreements for closer coordination in crime prevention during his meeting with visiting Japanese Minister of Justice Furukawa Yoshihisa in Hanoi on June 30. Lam highlighted Furukawa Yoshihisa’s visit, saying it is of significance as it sets the scene for Vietnam and Japan to resume judicial cooperation post-pandemic. Vietnam and Japan will be celebrating the 50th anniversary of their diplomatic relations next year. Minister Lam expressed his delight at achievements in the two countries' partnership in politics, diplomacy, economics, trade and culture, saying the bilateral relationship is at its best ever. The two ministries signed an agreement for the transfer of convicted persons in 2019 which took effect in August … [Read more...] about Vietnam eyes stronger cooperation with Japan in crime combat
Vietnam Report announces Top 10 prestigious banks
Customers conduct banking transactions at a Vietcombank branch. The bank tops the list of the 10 most prestigious commercial banks in Viet Nam in 2022. — Photo baochinhphu.vn The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Viet Nam in 2022. The 10 banks honoured as the most prestigious commercial banks in the country are Vietcombank, VietinBank, Techcombank, Military Bank, VPBank, ACB, BIDV, TPBank, VIB and AgriBank. Meanwhile, the list of the 10 most prestigious private joint-stock banks comprises Techcombank, VPBank, ACB, TPBank, VIB, HDBank, Sacombank, SHB, OCB and MSB. The banks have been ranked based on three criteria: financial capacity shown on the latest financial statement, credibility on media evaluated by the Media Coding method, and stakeholder opinions collected in a survey in June. The survey also showed that 48 per cent of bank customers think the banking industry has been playing a leading role in the country's … [Read more...] about Vietnam Report announces Top 10 prestigious banks
Vietnam International Café Show 2022 to open in HCM City
The Vietnam International Cafe Show 2022 will open in HCM City in July. — VNS Photo More than 200 domestic and international exhibitors will participate in a coffee, food and beverage exhibition called Viet Nam International Cafe Show 2022 from July 21 to July 23 at the Sai Gon International Exhibition and Convention Center (SECC) in HCM City. This annual event, which is part of a series of Cafe Show exhibitions in Seoul, Shanghai, Paris and Viet Nam, is an opportunity for leading domestic and foreign managers and experts to meet and share orientations, strategies, solutions and practical management tools in the manufacturing, processing, and distributing industry of coffee, tea, food and beverage for restaurants, hotels and other food service businesses. The event is organised by Exporum Vietnam Company and sponsored by Viet Nam Coffee - Cocoa Association, Buon Ma Thuot Coffee Association, Trade Promotion Agencies in Viet Nam and other agencies. Joining the event will be … [Read more...] about Vietnam International Café Show 2022 to open in HCM City
N.A. Chairman attends Vietnam-U.K. high-level forum on economy, trade
Aiming to seek stronger economic, trade and investment partnership between the two countries, the event drew Vietnamese Deputy Prime Minister Le Van Thanh, Britain Secretary of State for International Trade Anne Marie Trevelyan, and MP Graham Stuart, U.K. Prime Minister's Trade Envoy to Vietnam, and a large number of Vietnamese and Britain businesses. Addressing the event, Deputy PM Thanh highlighted important progress in the Vietnam-U.K. Strategic Partnership, as well as great chances for both sides to bolster their ties from the U.K.-Vietnam Free Trade Agreement (UKVFTA). He underlined that both sides should optimize advantages from the deal by encouraging the promotion of the two-way trade and investment, and creating favorable conditions for enterprises of both sides to explore each other’s market and foster connection, thus striving for a trade value of over USD 10 billion by 2023. Thanh affirmed Vietnam's high political determination in realizing commitments made at the … [Read more...] about N.A. Chairman attends Vietnam-U.K. high-level forum on economy, trade
One Mount honoured by Google as Best Partner in Supply and Logistics
One Mount is the only enterprise in Vietnam to receive a global award from Google Cloud For the past year, One Mount and Google Cloud have worked together to build the largest technology ecosystem in Vietnam. The strategic collaboration sees One Mount leveraging Google Cloud’s open, scalable, secure-by-design, and carbon-neutral infrastructure and services across the Group’s core lines of business in retail and real estate – including products and services like VinShop, VinID, and OneHousing. With VinShop as the local market leader in online and technology-enabled grocers, One Mount has integrated solutions from Google Cloud to digitalise and modernise the entire fast-moving consumer good supply chain in Vietnam. The move has brought great value and solved key pain points for multiple stakeholders, from manufacturers and distributors to grocers and customers. VinShop owns a modern warehouse system, managed and operated by technology The integration has been … [Read more...] about One Mount honoured by Google as Best Partner in Supply and Logistics